German private sector expansion holds steady in February: PMIs

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German private sector expansion holds steady in February: PMIs
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Germany's private sector expanded steadily in February as growth in service...

FILE PHOTO: Employees of German car manufacturer Porsche work on a Porsche 911 at the Porsche factory in Stuttgart-Zuffenhausen, Germany, February 19, 2019. REUTERS/Ralph Orlowski/File Photo

IHS Markit’s flash composite Purchasing Managers’ Index , which tracks the manufacturing and services sectors that together account for more than two-thirds of the economy, edged down to 51.1 from 51.2 the previous month. A sub-index gauging activity in the services sector fell to a two-month low of 53.3 from 54.2 the previous month.

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